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Market Updates

Monthly Metro Vancouver statistics, trends and analysis.

METRO VANCOUVER MARKET UPDATE MAY 2025 Market Update

June 12, 2025 · 3 min read

METRO VANCOUVER MARKET UPDATE MAY 2025

Buyers remain hesitant as inventory builds VANCOUVER, BC – June 3, 2025 – May saw inventory levels across Metro Vancouver* reach another ten-year high, while home sales registered on the MLS® remained muted. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease […]

Real Estate Market Update April 2025 Market Update

May 13, 2025 · 3 min read

Real Estate Market Update April 2025

The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the […]

METRO VANCOUVER MARKET UPDATE MARCH 2025 Market Update

April 3, 2025 · 3 min read

METRO VANCOUVER MARKET UPDATE MARCH 2025

A market made for buyers is missing buyers Home sales registered on the MLS® in Metro Vancouver for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 […]

METRO VANCOUVER MARKET UPDATE FEBRUARY 2025 Market Update

March 5, 2025 · 3 min read

METRO VANCOUVER MARKET UPDATE FEBRUARY 2025

February brings balance to Metro Vancouver’s housing market After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver* rose more moderately in February helping keep market conditions in balanced territory. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the […]

METRO VANCOUVER MARKET UPDATE JANUARY 2025 Market Update

February 4, 2025 · 3 min read

METRO VANCOUVER MARKET UPDATE JANUARY 2025

Home sellers off to an active start in 2025 Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an […]

METRO VANCOUVER MARKET UPDATE OCTOBER 2024 Market Update

November 4, 2024 · 3 min read

METRO VANCOUVER MARKET UPDATE OCTOBER 2024

Buyer demand surges in October After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 […]

METRO VANCOUVER MARKET UPDATE SEPTEMBER 2024 Market Update

October 4, 2024 · 4 min read

METRO VANCOUVER MARKET UPDATE SEPTEMBER 2024

Buyers remain cautious to begin the fall market Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 […]

METRO VANCOUVER MARKET UPDATE AUGUST 2024 Market Update

September 5, 2024 · 3 min read

METRO VANCOUVER MARKET UPDATE AUGUST 2024

Sellers await buyers’ return after quieter summer market Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 […]

METRO VANCOUVER MARKET UPDATE JULY 2024 Market Update

August 9, 2024 · 3 min read

METRO VANCOUVER MARKET UPDATE JULY 2024

More selection not translating to more transactions VANCOUVER, BC – August 2, 2024 – Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 housing market. On the demand side, the Greater Vancouver […]

METRO VANCOUVER MARKET UPDATE MAY 2024 Market Update

June 4, 2024 · 4 min read

METRO VANCOUVER MARKET UPDATE MAY 2024

Home sales down in May while inventory continues to increase The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver1. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes […]

METRO VANCOUVER MARKET UPDATE APRIL 2024 Market Update

May 3, 2024 · 3 min read

METRO VANCOUVER MARKET UPDATE APRIL 2024

Inventory reaches highest level since the pandemic summer of 2020 Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. Greater Vancouver REALTORS® (GVR) reports that residential sales in […]

METRO VANCOUVER MARKET UPDATE SEPTEMBER 2023 Market Update

October 5, 2023 · 3 min read

METRO VANCOUVER MARKET UPDATE SEPTEMBER 2023

As inventory increases, price gains relent in Metro Vancouver to begin the fall season The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region. The Real Estate Board of Greater Vancouver […]

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